and an outside adviser to president obama. also with us tonight is democratic strategist bob shrum two of the best here to talk about the economy and political ramifications of all of this. mr. wolf good to have you with us tonight. >> thanks for having me, ed. >> you were right there on the ground floor when president obama was dealing with this economic crisis. take us where we were and where we are and encapsulate it for our audience. >> we know where we were. the stock market was a hundred percent lower right at 6,000. we're at a five-year high. and we were losing 750,000 jobs when he entered office. i'd rather talk about where we are today because i think today's numbers are a culmination of policies that have led to a recovery that we need to continue but we are starting to see the culmination of these policies actually lead to very good things. let's talk about it. people aren't discussing the average hour work week. it came in at 34 1/2, which is a prerecession number. mortgage foreclosures are at a four-year low. hous